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Ramco Systems allots 7,283 equity shares

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Capital Market

Under ESOS

Ramco Systems announced that the Allotment Committee of the Board of Directors of the Company at its meeting held on 26 April 2017 has approved an allotment of 7,283 equity shares of Rs.10/- each, being the exercise of 1,125 equity stock options under the Employee Stock Option Scheme, 2009 Plan A (ESOS 2009 - Plan A), 3,907 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 2,251 equity stock options under the Employee Stock Option Scheme, 2013 (ESOS 2013). Consequent to this, the paid up equity share capital has increased from 30,405,339 equity shares of Rs. 10/- each to 30,412,622 equity shares of Rs. 10/- each.

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First Published: Apr 26 2017 | 4:18 PM IST

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